Please review my Portfolio

[PavanG]

I want your valuable opinion on my portfolio.

I am presently innvesting 23000 a month and am open to invest another 7000.

My present portforlio consists of

DSP-BR Top 100 --> Rs 5000
DSP-BR Micro Cap --> Rs 5000
Canara Robeco Equity Diversified --> Rs 5000
HDFC Equity --> Rs 5000
Reliance Banking --> Rs 3000

All are with growth option. I want to invest in gold. But i do not have a demat acc hence i cannot invest in an ETF. I was not too happy about Reliance Gold Saving Fund. Can anyone please comment on Quantum Gold fund.

I am welcome to any and all suggestions.

Thank u in advance

 

[ashwani chadha]

I want your valuable opinion on my portfolio.

I am presently innvesting 23000 a month and am open to invest another 7000.

My present portforlio consists of

DSP-BR Top 100 --> Rs 5000
DSP-BR Micro Cap --> Rs 5000
Canara Robeco Equity Diversified --> Rs 5000
HDFC Equity --> Rs 5000
Reliance Banking --> Rs 3000

All are with growth option. I want to invest in gold. But i do not have a demat acc hence i cannot invest in an ETF. I was not too happy about Reliance Gold Saving Fund. Can anyone please comment on Quantum Gold fund.now trading in commodity,

I am welcome to any and all suggestions.

Thank u in advance

now trading in commodity, one time big invester in mutual fund,have perfect knowledge, but require weeks time to study technicals, before giving view thanks

 

[PavanG]

Thanks Ashwani. I am eagerly awaiting your insight into commodity trading

 

[asterix24]

Hi Pavan,

Your choice of funds are good. However, any specific reason why you have invested into Reliance Banking, with the same being a sectoral fund. From your choice, it appears that you are heavily convinced about banking. However, there are many funds which have significant amounts of investment into Banking sector.

As a thumb-rule, I would definitely suggest you to consider this decision, unless you are convinced of the risk vs rewards ratio and rationale behind the investment.Your current investment strategy is as below:

5000 Large Cap
5000 Mid & Small cap
5000 Large & Mid cap
5000 Multi-cap
3000 Banking

If you are planning to switch out of Banking, I would definitely recommend adding another Large & Mid cap (if you are young and can handle the risk) or a Balanced fund into your portfolio. Otherwise, you current holdings are excellent.

Happy Investing !!

 

[PavanG]

Hi Asterix,

Thank you for your reply.

The whole reason for going into banking was to get into some sectorial action. I am open to going into another large/mid cap. I do not want to go for HDFC 200 as it is very similar to DSP Top 100 in its allocation.

I am open to any suggestions.

 

[asterix24]

Hi Pavan,

To keep your preference to Banking, I would suggest you to consider either Fidelity Equity or Franklin India Prima Plus as the Large and Mid cap. Both of these funds have very close 25% portfolio in financial sector which should augur well for your aspirations too.

Happy Investing !!